The investment agreement signing ceremony between Zizhu High-Tech Park and China Aeronautical Radio Electronics Research Institute was successfully held in the Headquarters Building on the afternoon of February 7, 2023.

Xia Guang, the vice general manager of Zizhu High-Tech Park and Wang Zhisong, the Secretary of the Party Committee of China Aeronautical Radio Electronics Research Institute, jointly signed a strategic cooperation agreement.

According to the agreement, China Aeronautical Radio Electronics Research Institute will build a new base for the avionics industry in Zizhu High-Tech Park to promote the layout of five major industries and build a leading enterprise with an annual income of RMB 10 billion. The total construction area of the new avionics industry base is 210000 square meters with a total investment of about RMB 2 billion. The annual income is expected to reach RMB 10 billion after putting into operation.

Wang Jinyan, the director of China Aeronautical Radio Electronics Research Institute, Huo Guofeng, the deputy secretary of the Party Committee, Wu Jie, the vice director of the institute and Shen Wen, the chairman and general manager of Zizhu High-Tech Park, vice general manager Lu Weiwu, the investment promotion director Ren Man and other leaders attended and witnessed the signing ceremony.